Postal Savings Bank of China operates more branches than any other lender in the mainland, with 8,301 of its own outlets and 31,756 agency outlets run by the postal service. Photo: Reuters

Postal Savings Bank is worst at creating shareholder value, says McKinsey

Report highlights heavy reliance on interest income and deteriorating asset quality among the challenges facing mainland banking industry

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Postal Savings Bank of China operates more branches than any other lender in the mainland, with 8,301 of its own outlets and 31,756 agency outlets run by the postal service. Photo: Reuters
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